A signing ceremony was held on Monday in Tullamore, County Offaly, where Hanwha Energy Corporation and Lumcloon sealed an agreement, with local politician Marcella Corcoran Kennedy among those in attendance.
Lumcloon, a locally headquartered company fronted by Nigel Reams, a local entrepreneur with a background in engineering projects for the energy industry, said the partnership would develop two 100MW projects in Lumcloon – the ‘townland’ the company is named after – and Shannonbridge. The pair will work with LSIS, a South Korean supplier of smart power solutions in transmission, distribution and automation including switchgear and smart grids.
Yesterday, a Lumcloon representative confirmed to Energy-Storage.News that the 200MW of battery systems would be for “frequency response”, helping to balance the grid through matching supply with demand to maintain reliable operation of the network. Timelines were not given for development or commissioning of either project as yet. Ireland’s reliance on variable renewable energy is growing, while network operator EirGrid is planning a 300MW flexibility services tender process.
The projects would involve €150 million (US$182.64 million) combined investment, Lumcloon said, creating 240 jobs in total during construction and 10 subsequent to the systems going into operation. The company did not give details of the technology being proposed, besides that it would be “based on state-of-the-art battery storage technology”.
“Hanwha would expect to support the energy policy in Ireland by taking the opportunity to develop and install Battery Energy Storage Solutions (BESS), enhancing the stability and reliability of power system in Ireland,” Hanwha Energy Corporation executive director Ji Ho Shin said.
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